DT Midstream Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
DTM$118.73+1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Position
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $68 | $56 |
| Accounts receivable (net of $— allowance for expected credit loss for each period end) | 172 | 154 |
| Deferred property taxes | 33 | 31 |
| Taxes receivable | 8 | 15 |
| Prepaid expenses and other | 29 | 16 |
| 310 | 272 | |
| Investments | ||
| Investments in equity method investees | 1,297 | 1,762 |
| Property | ||
| Property, plant, and equipment | 6,525 | 5,282 |
| Accumulated depreciation | (998) | (848) |
| 5,527 | 4,434 | |
| Other Assets | ||
| Goodwill | 776 | 473 |
| Long-term notes receivable — related party | 4 | 4 |
| Operating lease right-of-use assets | 49 | 38 |
| Intangible assets, net | 1,921 | 1,968 |
| Other | 51 | 31 |
| 2,801 | 2,514 | |
| Total Assets | $9,935 | $8,982 |
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (millions, except shares) | ||
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $77 | $94 |
| Short-term borrowings | 150 | 165 |
| Operating lease liabilities | 16 | 13 |
| Dividends payable | 75 | 67 |
| Interest payable | 12 | 10 |
| Property taxes payable | 42 | 34 |
| Accrued compensation | 19 | 18 |
| Contract liabilities | 18 | 18 |
| Other | 17 | 15 |
| 426 | 434 | |
| Long-Term Debt, net | 3,319 | 3,065 |
| Other Liabilities | ||
| Deferred income taxes | 1,129 | 1,031 |
| Operating lease liabilities | 36 | 27 |
| Contract liabilities | 135 | 111 |
| Regulatory liabilities | 90 | — |
| Other | 34 | 34 |
| 1,424 | 1,203 | |
| Total Liabilities | 5,169 | 4,702 |
| Commitments and Contingencies (Note 12) | ||
| Stockholders' Equity | ||
| Preferred stock ($0.01 par value, 50,000,000 shares authorized, and no shares issued or outstanding as of December 31, 2024 and 2023) | — | — |
| Common stock ($0.01 par value, 550,000,000 shares authorized, and 101,324,894 and 96,971,021 shares issued and outstanding as of December 31, 2024 and 2023, respectively) | 1 | 1 |
| Additional paid-in capital | 3,911 | 3,485 |
| Retained earnings | 723 | 661 |
| Accumulated other comprehensive income (loss) | (8) | (8) |
| Total DT Midstream Equity | 4,627 | 4,139 |
| Noncontrolling interests | 139 | 141 |
| Total Equity | 4,766 | 4,280 |
| Total Liabilities and Equity | $9,935 | $8,982 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.